This was posted on behalf of team lead Franklyn Nnakwue and his teammates Prateek Deval, Ryan Sun, Aria Ren, Amy Yu and Cathy Wang.
As a group of MBAs and specialized master students at Olin Business School, we worked on one of the most challenging analytics projects. Our client, Direct Supply, has a long relationship with Olin’s Center for Experiential Learning and Center for Analytics and Business Insights.
Direct Supply is a company that specializes in providing equipment, e-commerce, and service solutions to the senior living industry. With 35 years of history, it has many customers. For this project, we focused on the business’s products. Our goal was to leverage data to draw insights that Direct Supply could use to improve customer experience and operational performance.
Field trip to Direct Supply
To better understand Direct Supply’s business model, the team went on a one-day field trip to Milwaukee, where Direct Supply is located. After the interaction with the sales team, marketing team, data science team and supply chain team, we had a more robust understanding of the business and the ways our project could be transformative
We also understood that the project is not solely about writing code and answering the questions, but also about testing the viability of our recommendations.
Real-world challenge and timely adjustment
As we dug deeper into the project, we found that the initial hypothesis that we were working with wasn’t feasible. “Welcome to the real world,” said our professor, Seethu Seetharaman. As we sought to pivot our analysis, Professor Seethu and Professor Michael Wall offered us a lot of help in redefining the questions and finding other approaches to solving the problem. We finally figured out an alternative approach that could fulfill Direct Supply’s initial goal.
Projects won’t always go smoothly as planned, and challenges would always appear along the journey. The faculty advisors, CEL committee and CEL fellow were helpful in ensuring that the team was on the right track.
This was a precious experience for the team. The project offered us a great opportunity to get involved in solving real-world business problems. It was definitely the highlight of our academic experience at WashU.
Pictured at top: A client representative; Preston Tharp, MBA ’20; Nithin Ramachandran, client; Aria Ren, MSCA ’19; Franklyn Nnakwue, MBA ’20; Cathy Wang, MSCA ’19; Ryan Sun, MSCA ’19; Amy Yu, MSCA ’19; Michael Wall, CEL/CABI faculty adviser; Prateek Deval, MBA ’20; Seethu Seetharman, CEL/CABI faculty adviser.